Holistic Economics—A Way Out of This Mess

Interest on borrowing isn't the big problem. It's compounding interest—that is, interest charged on interest—that's devastating and utterly insupportable over the long term. It is this twisting of the concept of growth that's the core of our economic system's flaws—It operates outside of nature and was destined to fail. This video clearly documents this fact, and discredits the concept that we can grow our way out of our difficulties or that constant growth is even a supportable economic system.

The members of the Schumacher College Holistic Economics Think Tank see the current economic crisis as a great opportunity to "jujitsu" the economic system into a better and environmentally viable future. This is the most heartening thing I've yet seen—a legitimately positive view of a way out of the economic and climate disasters we're facing. [11:33]